Soluna Holdings (SLNH) Asset Utilization Ratio (2011 - 2026)
Soluna Holdings' (SLNH) quarterly Asset Utilization Ratio came in at 0.17 in Q2 2026, down 43.26% on a YoY basis from 0.31 in Q2 2025, and down 0.83% quarter-over-quarter from 0.18 in Q1 2026.
Powered by 
Analysis
Soluna Holdings (SLNH) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Soluna Holdings (SLNH) has reported Asset Utilization Ratio for 11 consecutive years, with 0.17 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 43.26% year-over-year to 0.17; the trailing twelve-month figure through Jun 2026 stood at 0.17 (down 43.26% YoY), and the FY2025 full-year result was 0.22, down 49.22% from the prior year.
- Asset Utilization Ratio slipped to 0.17 in Q2 2026 per SLNH's latest filing, from 0.18 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.41 in Q4 2024 and bottomed at 0.16 in Q3 2023.
- Historically, Asset Utilization Ratio has averaged 0.26 across 5 years, with a median of 0.25 in 2025.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio jumped 788.9% in 2022, then sank 57.38% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.29 in 2022, then fell by 22.49% to 0.23 in 2023, then soared by 80.47% to 0.41 in 2024, then tumbled by 57.38% to 0.17 in 2025, then decreased by 0.53% to 0.17 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.17, 0.18, and 0.17 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.32 Bn | 102.12 Bn | 1.40 Bn | 0.24 |
| 2 | Terawulf | 8.71 Bn | 5.94 Bn | 32.37 Mn | 0.02 |
| 3 | Applied Digital | 8.12 Bn | 6.10 Bn | 97.29 Mn | 0.07 |
| 4 | Cipher Digital | 7.83 Bn | 3.83 Bn | 9.79 Mn | 0.03 |
| 5 | GDS Holdings | 7.07 Bn | 5.01 Bn | 97.89 Mn | 0.14 |
| 6 | Core Scientific | 5.87 Bn | 3.93 Bn | 70.04 Mn | 0.11 |
| 7 | Vnet | 1.95 Bn | 1.06 Bn | 74.45 Mn | 7.23 |
| 8 | Sify Technologies | 1.53 Bn | 1.53 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 771.39 Mn | 711.02 Mn | 18.88 Mn | 0.12 |
| 10 | Soluna Holdings | 167.65 Mn | 161.65 Mn | 766,000.00 | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | -0.04 |
API Access
Soluna Holdings Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SLNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();